Digital Check Disbursement Using Digital Chip and Distributed Ledger Methods

ABSTRACT

Aspects of the disclosure relate to digital check processing. A computing platform may receive, from a first recipient, a request to transfer a first portion of funds, corresponding to the first digital check image, to a second recipient account and a second portion of the funds, corresponding to the first digital check image, to a third recipient account. The computing platform may generate second and third digital check images representative of the first and second portions of the funds respectively. Based on successful validation of the second digital check image and the third digital check image, the computing platform may embed, into the second and third digital check images, a digital chip that indicates the successful validation. The computing platform may send, to the second recipient account and the third recipient account, the second and third digital check images respectively.

CROSS REFERENCE TO RELATED APPLICATION

This application claims priority to and is a Continuation application ofU.S. Ser. No. 17/717,561, filed on Apr. 11, 2022, and titled “DigitalCheck Disbursement Using Digital Chip and Distributed Ledger Methods.”The related application is incorporated by reference herein in itsentirety for all purposes.

BACKGROUND

Aspects of the disclosure relate to computer hardware and software forevent processing. In some instances, individuals may use enterpriseapplications (such as mobile banking applications) to perform eventssuch as depositing checks. For example, the application may be used tocapture an image of the check, and may process the check for depositinto the individual's account accordingly. In some instances, however,an individual may want to perform other functions beyond a simpledeposit into a personal account. Such instances may require theindividual to physically enter a branch location and/or perform othercumbersome steps to perform the desired function. As mobile applicationsare increasingly used for check processing, it may be important toexpand the functionality of such applications to increase clientconvenience, while maintaining the security parameters offered bytraditional methods of providing such functions.

SUMMARY

Aspects of the disclosure provide effective, efficient, scalable, andconvenient technical solutions that address and overcome the technicalproblems associated with digital event processing. In accordance withone or more embodiments of the disclosure, a computing platformcomprising at least one processor, a communication interface, and memorystoring computer-readable instructions may receive a first digitalcheck, which may include an initial payor, a first recipient, and anamount of funds. The computing platform may receive, from a first userdevice associated with the first recipient account, a request totransfer a first portion of the funds, which may be a portion of theamount of the funds of the first digital check image, to an account of asecond recipient and a second portion of the funds, which may be aportion of the amount of funds of the first digital check image, to anaccount of a third recipient, where the first recipient, the secondrecipient, and the third recipient each may be unique individuals. Thecomputing platform may generate a second digital check imagerepresentative of the first portion of the funds, where the seconddigital check image may include a watermark indicating a value of thefirst portion of the funds. The computing platform may generate a thirddigital check image representative of the second portion of the funds,where the third digital check image may include a watermark indicating avalue of the second portion of the funds. The computing platform mayvalidate the second digital check image and the third digital checkimage. Based on successful validation of the second digital check imageand the third digital check image, the computing platform may embed,into the second digital check image and the third digital check image, adigital chip that indicates the successful validation. The computingplatform may send, to the account of the second recipient and theaccount of the third recipient, the second digital check image and thethird digital check image respectively. The computing platform may sendone or more commands to an event processing server directing the eventprocessing server to execute a transfer of the first portion of thefunds from an account of the initial payor of the first digital checkimage to the account of the second recipient, which may cause the eventprocessing server to execute the transfer of the first portion of thefunds from the account of the initial payor of the first digital checkimage to the account of the second recipient.

In one or more instances, the computing platform may receive a requestto deposit the second digital check image, and sending the one or morecommands to the event processing server directing the event processingserver to execute the transfer of the first portion of the funds fromthe account of the initial payor of the first digital check image to theaccount of the second recipient may be in response to receiving therequest to deposit the second digital check image. In one or moreinstances, receiving the request to deposit the second digital checkimage may include receiving an endorsement of the second digital checkimage by the second recipient.

In one or more examples, the computing platform may compare a value ofthe first portion of the funds to an endorsement threshold. Based onidentifying that the first portion of the funds exceeds the endorsementthreshold, the computing platform may prompt the second recipient forthe endorsement.

In one or more instances, the computing platform may automatically sendthe one or more commands to the event processing server directing theevent processing server to execute the transfer of the first portion ofthe funds from the account of the initial payor of the first digitalcheck image to the account of the second recipient. In one or moreinstances, automatically sending the one or more commands to the eventprocessing server directing the event processing server to execute thetransfer of the first portion of the funds from the account of theinitial payor of the first digital check image to the account of thesecond recipient may automatically cause a deposit of the first portionof the funds from the account of the initial payor of the first digitalcheck image to the account of the second recipient without receiving anendorsement from the second recipient.

In one or more examples, sending the one or more commands to the eventprocessing server directing the event processing server to execute thetransfer of the first portion of the funds from the account of theinitial payor of the first digital check image to the account of thesecond recipient may be based on verification of the embedded digitalchip. In one or more examples, receiving the request to transfer thefirst portion of funds to the account of the second recipient mayinclude receiving a user input, within the account of the firstrecipient, selecting the second recipient, where the second recipientmay be selected from a friends list within a mobile banking application.

In one or more instances, the funds might not be distributed to thefirst recipient account. In one or more instances, the computingplatform may receive, from the account of the third recipient, a requestto transfer the second portion of the funds to an account of a fourthrecipient. The computing platform may generate a fourth digital checkimage representative of the second portion of the funds. The computingplatform may send, to the fourth recipient account and withoutdisbursing the second portion of the funds to the account of the thirdrecipient, the fourth digital check image.

In one or more examples, the fourth digital check image might notinclude personal identifiable information of the initial payor of thefirst digital check image. In one or more examples, the computingplatform may receive user input from the account of the fourth recipientindicating that the second portion of the funds should be split betweenmultiple accounts corresponding to the account of the fourth recipient.The computing platform may send one or more commands to the eventprocessing server directing the event processing server to execute atransfer of the second portion of the funds from the account of theinitial payor of the first digital check image to the multiple accountsof the fourth recipient, where the multiple accounts include a checkingaccount and a savings account.

In one or more instances, validating the second digital check image andthe third digital check image may include validating, using adistributed ledger, the second digital check image and the third digitalcheck image. In one or more instances, the first digital check image andthe second digital check image might not indicate an initial value ofthe first digital check image.

These features, along with many others, are discussed in greater detailbelow.

BRIEF DESCRIPTION OF THE DRAWINGS

The present disclosure is illustrated by way of example and not limitedin the accompanying figures in which like reference numerals indicatesimilar elements and in which:

FIGS. 1A and 1B depict an illustrative computing architecture forperforming enhanced digital check transfers in accordance with one ormore example embodiments;

FIGS. 2A-2G depict an illustrative event sequence for performingenhanced digital check transfers in accordance with one or more exampleembodiments;

FIGS. 3-6 depict illustrative graphical user interfaces depictingdigital checks in accordance with one or more example embodiments;

FIG. 7 depicts an illustrative method for performing enhanced digitalcheck transfers in accordance with one or more example embodiments;

FIGS. 8 and 9 depict illustrative distributed ledgers for performingenhanced digital check transfers in accordance with one or more exampleembodiments; and

FIGS. 10 and 11 depict illustrative methods for performing enhanceddigital check transfers in accordance with one or more exampleembodiments.

DETAILED DESCRIPTION

In the following description of various illustrative embodiments,reference is made to the accompanying drawings, which form a parthereof, and in which is shown, by way of illustration, variousembodiments in which aspects of the disclosure may be practiced. In someinstances, other embodiments may be utilized, and structural andfunctional modifications may be made, without departing from the scopeof the present disclosure.

It is noted that various connections between elements are discussed inthe following description. It is noted that these connections aregeneral and, unless specified otherwise, may be direct or indirect,wired or wireless, and that the specification is not intended to belimiting in this respect.

As a brief introduction of the concepts described in further detailbelow, there is not currently a method for uploading a digital image ofa check and disbursing portions of the check to multiple parties. Forexample, an individual may receive a check for $10,000, and may want todeposit $2,000 in their account, and forward the remaining $8,000(either equally or not equally) to any number of additional recipients.Each recipient may create a digital signature embedded in the image or awatermark detailing the previous transactions and remaining value on thecheck. The recipient may use biometric validation, and a digital mark,chip, and/or signature may be embedded onto the check. Additionally oralternatively, each recipient action may create a blockchain record ofthe event and indicating how much money is still available in the check.The check may be forwarded by the latest recipient, if authorized, orauto forwarded from an original owner. In doing so, payments may bedisbursed from a digital check image and each transaction may berecorded on the image, which may allow for multiple parties to be paidby one check.

FIGS. 1A-1B depict an illustrative computing environment for performingenhanced digital check transfers in accordance with one or more exampleembodiments. Referring to FIG. 1A, computing environment 100 may includeone or more computer systems. For example, computing environment 100 mayinclude enterprise application host platform 102, distributed ledgerhost system 103, first user device 104, second user device 105, thirduser device 106, fourth user device 107, and/or event processing server108.

As described further below, enterprise application host platform 102 maybe a computer system that includes one or more computing devices (e.g.,servers, server blades, or the like) and/or other computer components(e.g., processors, memories, communication interfaces) that may be usedto host an enterprise application (e.g., a mobile banking application)as described further below. In these instances, the enterpriseapplication host platform 102 may be configured to provide or otherwisesupport one or more application services (e.g., check processing, and/orother services). In some instances, the enterprise application hostplatform 102 may comprise an independent computing platform. In otherinstances, the enterprise application host platform 102 may berepresented by one or more client device modules integrated into orotherwise stored at various client devices (e.g., first user device 104,second user device 105, third user device 106, fourth user device 107,and/or other user devices).

Distributed ledger host system 103 may be a computer system thatincludes one or more computing devices (e.g., servers, server blades, orthe like) and/or other computer components (e.g., processors, memories,communication interfaces) that may be used to support a distributedledger (e.g., blockchain, holochain, and/or other distributed ledger).In some instances, the distributed ledger host system 103 may beconfigured to communicate with the enterprise application host platform102 to provide check validation and/or otherwise recordtransactions/events. In some instances, the distributed ledger hostsystem 103 may be an optional system in the network 101.

First user device 104 may be and/or otherwise include a laptop computer,desktop computer, mobile device, tablet, smartphone, and/or other devicethat may be used by an individual to access a client application (e.g.,a mobile banking application, or the like). In these instances, thefirst user device 104 may be configured with a camera, which may beused, e.g., to capture check images. In some instances, first userdevice 104 may be configured to display one or more user interfaces(e.g., digital check interfaces, or the like). In some instances, thefirst user device 104 may correspond to a first user.

Second user device 105 may be and/or otherwise include a laptopcomputer, desktop computer, mobile device, tablet, smartphone, and/orother device that may be used by an individual to access a clientapplication (e.g., a mobile banking application, or the like). In theseinstances, the second user device 105 may be configured with a camera,which may be used, e.g., to capture check images. In some instances,second user device 105 may be configured to display one or more userinterfaces (e.g., digital check interfaces, or the like). In someinstances, the second user device 105 may correspond to a second user,different than the first user.

Third user device 106 may be and/or otherwise include a laptop computer,desktop computer, mobile device, tablet, smartphone, and/or other devicethat may be used by an individual to access a client application (e.g.,a mobile banking application, or the like). In these instances, thethird user device 106 may be configured with a camera, which may beused, e.g., to capture check images. In some instances, third userdevice 106 may be configured to display one or more user interfaces(e.g., digital check interfaces, or the like). In some instances, thethird user device 106 may correspond to a third user, different than thefirst and second users.

Fourth user device 107 may be and/or otherwise include a laptopcomputer, desktop computer, mobile device, tablet, smartphone, and/orother device that may be used by an individual to access a clientapplication (e.g., a mobile banking application, or the like). In theseinstances, the fourth user device 107 may be configured with a camera,which may be used, e.g., to capture check images. In some instances,fourth user device 107 may be configured to display one or more userinterfaces (e.g., digital check interfaces, or the like). Although fouruser devices are shown, any number of user devices may be deployed inthe systems/methods described below without departing from the scope ofthe disclosure. In some instances, the fourth user device 107 maycorrespond to a fourth user, different than the first, second, or thirdusers.

Event processing server 108 may be a computer system that includes oneor more computing devices (e.g., servers, server blades, or the like)and/or other computer components (e.g., processors, memories,communication interfaces) that may be used to process events (e.g.,route funds between accounts, execute transactions, and/or otherwiseperform enterprise functions). In some instances, the event processingserver 108 may be independent from the enterprise application hostplatform 102, and in other instances, the event processing server 108may be part of or otherwise integrated into the enterprise applicationhost platform 102.

Computing environment 100 also may include one or more networks, whichmay interconnect enterprise application host platform 102, distributedledger host system 103, first user device 104, second user device 105,third user device 106, fourth user device 107, and/or event processingserver 108. For example, computing environment 100 may include a network101 (which may interconnect, e.g., enterprise application host platform102, distributed ledger host system 103, first user device 104, seconduser device 105, third user device 106, fourth user device 107, and/orevent processing server 108).

In one or more arrangements, enterprise application host platform 102,distributed ledger host system 103, first user device 104, second userdevice 105, third user device 106, fourth user device 107, and/or eventprocessing server 108 may be any type of computing device capable ofsending and/or receiving requests and processing the requestsaccordingly. For example, enterprise application host platform 102,distributed ledger host system 103, first user device 104, second userdevice 105, third user device 106, fourth user device 107, eventprocessing server 108, and/or the other systems included in computingenvironment 100 may, in some instances, be and/or include servercomputers, desktop computers, laptop computers, tablet computers, smartphones, or the like that may include one or more processors, memories,communication interfaces, storage devices, and/or other components. Asnoted above, and as illustrated in greater detail below, any and/or allof enterprise application host platform 102, distributed ledger hostsystem 103, first user device 104, second user device 105, third userdevice 106, fourth user device 107, and/or event processing server 108may, in some instances, be special-purpose computing devices configuredto perform specific functions.

Referring to FIG. 1B, enterprise application host platform 102 mayinclude one or more processors 111, memory 112, and communicationinterface 113. A data bus may interconnect processor 111, memory 112,and communication interface 113. Communication interface 113 may be anetwork interface configured to support communication between enterpriseapplication host platform 102 and one or more networks (e.g., network101, or the like). Memory 112 may include one or more program moduleshaving instructions that when executed by processor 111 cause enterpriseapplication host platform 102 to perform one or more functions describedherein and/or one or more databases that may store and/or otherwisemaintain information which may be used by such program modules and/orprocessor 111. In some instances, the one or more program modules and/ordatabases may be stored by and/or maintained in different memory unitsof enterprise application host platform 102 and/or by differentcomputing devices that may form and/or otherwise make up enterpriseapplication host platform 102. For example, memory 112 may have, host,store, and/or include enterprise application host module 112 a and/orenterprise application host database 112 b.

Enterprise application host module 112 a may have instructions thatdirect and/or cause enterprise application host module 112 a to provideenhanced digital check transfers, as discussed in greater detail below.Enterprise application host database 112 b may store information used byenterprise application host module 112 a and/or enterprise applicationhost platform 102 in application of advanced techniques to provideenhanced digital check transfers and/or in performing other functions.

FIGS. 2A-2G depict an illustrative event sequence for performingenhanced digital check transfers in accordance with one or more exampleembodiments. Referring to FIG. 2A, at step 201, the first user device104 may capture a first check image (e.g., similar to digital check 305,which is shown in FIG. 3 ). For example, the first user device 104 maycapture an image of a check, directed from an initial payor to a firstrecipient (e.g., “Person #1) in FIG. 3 ). For example, the check mayinclude an initial value of funds to be transferred from the initialpayor to the first recipient. In some instances, the first user device104 may capture the check image using an enterprise application (e.g., amobile banking application) installed at the first user device 104and/or supported by the enterprise application host platform 102.

At step 202, the first user device 104 may establish a connection withthe enterprise application host platform 102. For example, the firstuser device 104 may establish a first connection with the enterpriseapplication host platform 102 to link the first user device to theenterprise application host platform 102 (e.g., in preparation forsending the first check image). In some instances, the first user device104 may identify whether a connection is already established with theenterprise application host platform 102. If a connection is alreadyestablished with the enterprise application host platform 102, the firstuser device 104 might not re-establish the connection. If a connectionis not yet established with the enterprise application host platform102, the first user device 104 may establish the first connection asdescribed herein.

At step 203, the first user device 104 may send the first check image,captured at step 201, to the enterprise application host platform 102.For example, the first user device 104 may send the first check image tothe enterprise application host platform 102 while the first connectionis established.

At step 204, the enterprise application host platform 102 may receivethe first check image sent at step 203. For example, the enterpriseapplication host platform 102 may receive the first check image via thecommunication interface 113 and while the first connection isestablished.

At step 205, the enterprise application host platform 102 may establisha connection with the distributed ledger host system 103. For example,the enterprise application host platform 102 may establish a secondconnection with the distributed ledger host system 103 to link theenterprise application host platform 102 with the distributed ledgerhost system 103 (e.g., in preparation for storing the first checkimage). In some instances, the enterprise application host platform 102may identify whether a connection is already established with thedistributed ledger host system 103. If a connection is alreadyestablished with the distributed ledger host system 103, the enterpriseapplication host platform 102 might not re-establish the connection. Ifa connection is not yet established with the distributed ledger hostsystem 103, the enterprise application host platform 102 may establishthe second connection as described herein.

Referring to FIG. 2B, at step 206, the enterprise application hostplatform 102 may store information of the first check image/digitalcheck in a distributed ledger. For example, for a new check/check image,the enterprise application host platform 102 may create a new chain fora distributed ledger, and may create an initial block in the chain thatincludes an identity of the initial payor, the first recipient, anamount of funds to be transferred, and/or other information (e.g.,similar to distributed ledgers 805 and 905, as shown in FIGS. 8 and 9 ).In some instances, in creating the initial block, the enterpriseapplication host platform 102 may communicate with the distributedledger host system 103 to validate the check (e.g., to verify that theinitial payor has sufficient funds to support a transfer of theindicated value of the check from their account to another account). Inthese instances, the enterprise application host platform 102 and/ordistributed ledger host system 103 may add the initial block to thedistributed ledger once the check is validated, and may (in someinstances) include an indication within the block that the first digitalcheck is validated. In some instances, in storing the first digitalcheck to the distributed ledger, the enterprise application hostplatform 102 and/or the distributed ledger host system 103 may convertthe first digital check to a quick response (QR) code, and may store theQR code to the distributed ledger. In some instances, the distributedledger may be a blockchain, holochain, and/or other distributed ledger.In some instances, the enterprise application host platform 102 maycommunicate with the distributed ledger host system 103 via thecommunication interface 113 and while the second connection isestablished.

In some instances, the enterprise application host platform 102 mayvalidate the first digital check with or without use of the distributedledger. In some instances, after validating the first digital check, theenterprise application host platform 102 may embed a digital chip,watermark, and/or other feature into the first digital check, which mayindicate that the first digital check is validated.

At step 207, the first user device 104 may send a first check transferrequest to the enterprise application host platform 102. For example,the first user device 104 may receive user input indicating the firstcheck transfer request through the enterprise application. In theseinstances, the first user device 104 may receive a request to transferthe check to one or more other recipients (e.g., a second recipient anda third recipient), without depositing funds corresponding to the checkinto an account of the first recipient. For example, rather thandepositing the funds into the first recipient account and generatingsubsequent checks to transfer the funds, the first user device 104 mayeffectively reassign the value of the first digital check to one or moreother recipient accounts. In some instances, the first user device 104may send a first check transfer request requesting that portions of thefunds corresponding to the check be transferred to different recipientsand/or deposited into one or more accounts of the first recipient. Forexample, the first check transfer request may request a transfer of ⅔ ofthe funds to the second recipient and ⅓ of the funds to the thirdrecipient. In some instances, the first user device 104 may send thefirst check transfer request to the enterprise application host platform102 while the first connection is established.

In some instances, in the first user device 104 may receive (e.g., viauser input) the first check transfer request, which may include aselection of the second and/or third recipients from a friends list (orother list of individuals) within the enterprise application, which may,e.g., avoid the need for the first recipient to have knowledge ofaccount information for the second and/or third recipients.

At step 208, the enterprise application host platform 102 may receivethe first check transfer request sent at step 207. For example, theenterprise application host platform 102 may receive the first checktransfer request via the communication interface 113 and while the firstconnection is established.

At step 209, the enterprise application host platform 102 may configuresecond and/or third digital checks for transfer (e.g., to the secondrecipient account and/or third recipient account). For example, theenterprise application host platform 102 may generate new check imagesthat include an updated value corresponding to each check (e.g., a firstportion of the funds to be transferred to the second user account and asecond portion of the funds to be transferred to the third useraccount). In these instances, the value, sender, and/or recipient foreach check may be included as a watermark on the various check images.For example, the enterprise application host platform 102 may generate asecond digital check similar to check image 405, which is shown in FIG.4 , which may indicate (e.g., using a watermark, or otherwise) that thevalue of the second digital check is one hundred dollars (rather thanone hundred and fifty dollars as in the first digital check). In someinstances, the enterprise application host platform 102 may also redactany personal identifiable information from the first digital check so asto conceal an initial sender and/or any previous recipients of the firstdigital check, and may instead display only the current sender/recipientof the second digital check. Similarly, the enterprise application hostplatform 102 may generate a third digital check similar to check image505, which is shown in FIG. 5 , and which may indicate (e.g., using awatermark, or otherwise) that the value of the third digital check isfifty dollars. In some instances, the enterprise application hostplatform 102 may validate that the sum of the values of the seconddigital check and the third digital check are equivalent to the value ofthe first digital check. In some instances, the enterprise applicationhost platform 102 may modify any personal identifiable informationand/or sender/recipient information as described above with regard tothe second digital check. In both instances, these second and/or thirddigital checks may include the digital chip embedded in the firstdigital check, indicating that the checks are validated (e.g., that theinitial payor has sufficient funds to allow processing of the checks).In these instances, the enterprise application host platform 102 mayembed the digital chip in the second and/or third digital checks aftervalidating that the first digital check includes the digital chip. Insome instances, the second digital check and/or third digital checks maybe modified versions of the first digital check.

At step 210, the enterprise application host platform 102 may establishconnections with the second user device 105 and/or third user device106. For example, the enterprise application host platform 102 mayestablish third and/or fourth connections with the second user device105 and/or third user device 106 to link the enterprise application hostplatform 102 to the second user device 105 and/or third user device 106(e.g., in preparation for sharing the second and/or third digitalchecks). In some instances, the enterprise application host platform 102may identify whether or not connections are already established with thesecond user device 105 and/or third user device 106. If the connectionsare already established, the enterprise application host platform 102might not re-establish the connections. If the connections are not yetestablished, the enterprise application host platform 102 may establishthe third and/or fourth connections as described herein.

Referring to FIG. 2C, at step 211, in addition or as an alternative toconfiguring the second and/or third digital checks for transfer (asdescribed above at step 209), the enterprise application host platform102 may communicate with the distributed ledger host system 103 torecord these transfers. For example, the enterprise application hostplatform 102 and/or distributed ledger host system 103 may modify thedistributed ledger to include a second block that includes a value ofeach digital check and the corresponding recipient (e.g., $100, secondrecipient account; $50, first recipient account, or the like). In someinstances, the enterprise application host platform 102 and/ordistributed ledger host system 103 may add the initial block to thedistributed ledger once the second and/or third digital checks arevalidated, and may (in some instances) include an indication within theblock that the second and/or third digital checks are validated. In someinstances, the enterprise application host platform 102 and/ordistributed ledger host system 103 may modify the distributed ledger toinclude a different block for each digital check (e.g., a second blockfor the second digital check and a third block for the third digitalcheck). In some instances, the enterprise application host platform 102and/or distributed ledger host system 103 may record the second andthird blocks on a single branch of the distributed ledger (e.g., asshown on distributed ledger 805). In other instances, the enterpriseapplication host platform 102 and/or distributed ledger host system 103may generate separate branches of the distributed ledger, each stemmingback to the first block, for each of the second and third blocks (e.g.,a different branch corresponding to each digital check, as shown ondistributed ledger 905). In some instances, the enterprise applicationhost platform 102 and/or distributed ledger host system 103 may convertthe second and/or third digital check to QR codes, and may store the QRcodes to the distributed ledger. In some instances, in modifying thedistributed ledger, the enterprise application host platform 102 and/ordistributed ledger host system 103 may modify a blockchain, holochain,and/or other distributed ledger.

At step 212, the enterprise application host platform 102 may send thesecond and/or third digital checks to the second user device 105 and/orthird user device 106 respectively. For example, the enterpriseapplication host platform 102 may send the second and/or third digitalchecks to the second user device 105 and/or third user device 106 viacommunication interface 113 and while the third and/or fourthconnections are established. In some instances, in addition or as analternative to sending the second and/or third digital checks, theenterprise application host platform 102 and/or the distributed ledgerhost system 103 may grant the second recipient and/or the thirdrecipient access to the distributed ledger, so as to access theinformation of the second and/or third digital checks. In someinstances, in granting the access to the distributed ledger, theenterprise application host platform 102 and/or the distributed ledgerhost system 103 may grant full ledger access to each recipient. In otherinstances, the enterprise application host platform 102 and/or thedistributed ledger host system 103 may grant partial access to eachrecipient, so as to permit each recipient to view only a portion of theledger that includes information specific to that recipient (e.g., thesecond and/or third users might not be able to view information abouteach other's checks or the information of the transfer from the initialpayor to the first recipient).

At step 213, the second user device 105 and/or third user device 106 mayreceive the second digital check and/or third digital check, sent atstep 212, respectively. For example, the second user device 105 and/orthird user device 106 may receive the second digital check and/or thirddigital check while the third and/or fourth connections are established.

At step 214, the second user device 105 may receive a first eventprocessing request. For example, the second user device 105 may receivea request to deposit the first portion of the funds, corresponding tothe second digital check, into one or more accounts of the secondrecipient (e.g., a savings account, checking account, investmentaccount, and/or other account). For example, the first event processingrequest may specify a percentage or specific value of money that shouldbe deposited into each account (e.g., split 50/50 between checking andsavings, or the like). In some instances, the second user device 105 mayreceive the first event processing request through the enterpriseapplication (e.g., mobile banking application).

At step 215, the second user device 105 may send the first eventprocessing request to the enterprise application host platform 102. Forexample, the second user device 105 may send the first event processingrequest to the enterprise application host platform 102 while the thirdconnection is established. In some instances, in sending the first eventprocessing request to the enterprise application host platform 102, thesecond user device 105 may send an endorsed version of the seconddigital check. For example, the second user device 105 may prompt for anendorsement in the form of a retina scan, a fingerprint, a digitalsignature, facial authentication, biometric authentication, multi-factorauthentication input, and/or otherwise, which may be used to validatethe second recipient account as the intended recipient of the seconddigital check. In some instances, the second user device 105 may comparea value of the second digital check to an endorsement threshold, and mayprompt the second recipient for the endorsement based on determiningthat the value of the second digital check meets or exceeds theendorsement threshold. Otherwise, the second user device 105 might notprompt the second recipient for the endorsement.

At step 216, the enterprise application host platform 102 may receivethe first event processing request, sent at step 215. For example, theenterprise application host platform 102 may receive the first eventprocessing request via the communication interface 113 and while thethird connection is established.

Referring to FIG. 2D, at step 217, the enterprise application hostplatform 102 may validate the first event processing request. Forexample, the enterprise application host platform 102 may validate thedigital chip and/or watermark in the second digital check, which mayindicate that the initial payor (e.g., who issued the initial checkwhich was captured in the first check image at step 201), is inpossession of sufficient funds for the second digital check to beexecuted. For example, funds of the initial payor may be verified(rather than funds of the first recipient) because the first recipientmay have routed the first portion of the funds to the second recipientaccount without depositing them in an account of the first recipient.

Additionally or alternatively, the enterprise application host platform102 may validate the first event processing request using thedistributed ledger. For example, the enterprise application hostplatform 102 and/or distributed ledger host system 103 may examine thesecond block of the distributed ledger, which may indicate a value ofavailable funds corresponding to the second digital check, and mayidentify whether these available funds are sufficient.

Additionally or alternatively, the enterprise application host platform102 and/or distributed ledger host system 103 may validate the secondrecipient account (e.g., that the second recipient account is the validrecipient of the second digital check). For example, the enterpriseapplication host platform 102 and/or distributed ledger host system 103may validate the second recipient account based on the second digitalcheck and/or using the distributed ledger. For example, the enterpriseapplication host platform 102 may verify the retina scan, facialauthentication, fingerprint, digital signature, biometricauthentication, multi-factor authentication input, and/or otherendorsement information received from the second recipient, which may beused to validate the second recipient account as the intended recipientof the second digital check. Additionally or alternatively, theenterprise application host platform 102 may analyze stored datacorresponding to the second recipient to verify whether or not thesecond recipient is authorized to make the deposit. In some instances,the enterprise application host platform 102 may perform such validationbased on determining that a value of the second digital check meets orexceeds an endorsement threshold (which may e.g., be the same, ordifferent, than the endorsement threshold described above with regard tostep 215). Otherwise, if the enterprise application host platform 102determines that the value of the second digital check does not meet orexceed the endorsement threshold, it might not perform such validation(or may perform the validation to a lesser degree).

If the enterprise application host platform 102 and/or distributedledger host system 103 does validate the first event processing request,the enterprise application host platform 102 may proceed to step 218. Ifthe enterprise application host platform 102 and/or distributed ledgerhost system 103 does not validate the first event processing request,the first event processing request may be denied (e.g., steps 218-222might not be performed).

At step 218, the enterprise application host platform 102 may establisha connection with the event processing server 108. For example, theenterprise application host platform 102 may establish a fifthconnection with the event processing server 108 to link the enterpriseapplication host platform 102 to the event processing server 108 (e.g.,in preparation for sending event processing commands). In someinstances, the enterprise application host platform 102 may identifywhether or not a connection is already established with the eventprocessing server 108. If a connection is already established with theevent processing server 108, the enterprise application host platform102 might not re-establish the connection. If a connection is not yetestablished with the event processing server 108, the enterpriseapplication host platform 102 may establish the fifth connection asdescribed herein.

At step 219, the enterprise application host platform 102 may send oneor more event processing commands directing the event processing server108 to transfer the first portion of the funds from an account of theinitial payor to the one or more accounts of the second recipient. Insome instances, the enterprise application host platform 102 may sendthe one or more event processing commands to the event processing server108 via the communication interface and while the fifth connection isestablished. In some instances, the enterprise application host platform102 may automatically send the one or more event processing commandswithout receiving an endorsement from the second recipient account(e.g., based on determining that the value of the second digital checkdoes not exceed the endorsement threshold). Additionally oralternatively, in some instances, the enterprise application hostplatform 102 may automatically send the one or more event processingcommands based on the first check transfer request from the firstrecipient user, which may indicate that the first portion of the fundsshould be automatically deposited into the second recipient account (andthus an endorsement might not be received from the second recipientaccount). In some instances, an individual transferring a check maycause automatic deposit into accounts of one or more recipients.

At step 220, the event processing server 108 may receive the eventprocessing commands sent at step 219. For example, the event processingserver 108 may receive the event processing commands while the fifthconnection is established.

At step 221, based on or in response to the one or more event processingcommands received at step 220, the event processing server 108 mayprocess the first event. For example, the event processing server 108may execute a transfer of funds (e.g., the first portion of the funds)from an account of the initial payor to one or more accounts of thesecond recipient. For example, if the second digital check had a valueof one hundred dollars, the event processing server 108 may cause atransfer of one hundred dollars into one or more accounts of the secondrecipient. Alternatively, if the first event processing requestindicated that the second digital check should only be partiallydeposited (e.g., only deposit $50 of the $100), the event processingserver 108 may cause a transfer of the corresponding amount of fundsaccordingly.

Referring to FIG. 2E, at step 222, the enterprise application hostplatform 102 may communicate with the distributed ledger host system 103to record the first processed event. For example, the enterpriseapplication host platform 102 and/or distributed ledger host system 103may modify the distributed ledger to include a third block that includesa value of each digital check and the corresponding recipient (e.g.,$100 deposited in second recipient account, $50—first recipient account;remaining check value: $50, or the like). In these instances, theenterprise application host platform 102 and/or distributed ledger hostsystem 103 may record the first processed event on a single branch ofthe distributed ledger, representative of both the second and thirddigital checks. In other instances, the enterprise application hostplatform 102 and/or distributed ledger host system 103 may record thefirst event on a branch of the distributed ledger corresponding to thesecond digital check, different than a branch of the distributed ledgercorresponding to the third digital check (e.g., a different branchcorresponding to each digital check). In some instances, in modifyingthe distributed ledger, the enterprise application host platform 102and/or distributed ledger host system 103 may modify a blockchain,holochain, and/or other distributed ledger.

At step 223, the third user device 106 may receive a second checktransfer request. For example, in addition or as an alternative todepositing some or all of the second portion of funds, corresponding tothe third digital check, the third recipient may further transfer thethird digital check (e.g., similar to the transfer made by the firstrecipient at step 207). For example, the third user device 106 mayreceive a request to transfer the third digital check in full or inpart.

For example, the third user device 106 may receive user input indicatingthe second check transfer request through the enterprise application. Inthese instances, the third user device 104 may receive a request totransfer the third digital check to one or more other recipients (e.g.,a fourth recipient), without depositing funds corresponding to the check(either all funds or a portion of the funds) into an account of thethird recipient. For example, rather than depositing the second portionof the funds into the third recipient account and generating subsequentchecks to transfer the second portion of the funds, the third userdevice 106 may effectively reassign the value of the third digital checkto one or more other recipient accounts. In some instances, the firstuser device 104 may send a second check transfer request requesting thatportions of the funds corresponding to the third digital check betransferred to the fourth recipient.

In some instances, in receiving the second check transfer request, thethird user device 106 may receive a selection of the fourth recipientfrom a friends list (or other list of individuals) within the enterpriseapplication, which may, e.g., avoid the need for the third recipient toknow account information for the fourth recipient account.

At step 224, the third user device 106 may send the second checktransfer request to the enterprise application host platform 102. Forexample, the third user device 106 may send the second check transferrequest to the enterprise application host platform 102 while the fourthconnection is established.

At step 225, the enterprise application host platform 102 may receivethe second check transfer request, sent at step 224. For example, theenterprise application host platform 102 may receive the second checktransfer request via the communication interface 113 and while thefourth connection is established.

At step 226, the enterprise application host platform 102 may configurea fourth digital check for transfer (e.g., to the fourth recipientaccount). For example, the enterprise application host platform 102 maygenerate a new check image indicating a value of the fourth digitalcheck (which in this instance, may be the same as the value of the thirddigital check or a portion thereof). In these instances, the value,sender, recipient, and/or other information for each check may beincluded as a watermark on the various digital checks. In someinstances, the enterprise application host platform 102 may validatethat the sum of the values of the second digital check and the fourthdigital check are equivalent to the value of the first digital check.Additionally, the fourth digital check may include updatedsender/recipient information (e.g., indicating that the third recipientis transferring the fourth digital check to the fourth recipient). Forexample, the enterprise application host platform 102 may generate afourth digital check similar to check image 605, which is shown in FIG.6 , which may indicate (e.g., using a watermark or otherwise) that thevalue of the fourth digital check is fifty dollars (rather than onehundred and fifty dollars as in the first digital check). In someinstances, the enterprise application host platform 102 may also redactany personal identifiable information from the third digital check so asto conceal an initial sender and/or any previous recipients of the thirddigital check, and may instead display only the current sender/recipientof the fourth digital check. In some instances, the fourth digital checkmay be a modified version of the first and/or third digital checks. Insome instances, the fourth digital check may include the digital chipembedded in the first digital check, indicating that the check isvalidated (e.g., that the initial payor has sufficient funds to allowprocessing of the check).

Referring to FIG. 2F, at step 227, in addition or as an alternative toconfiguring the fourth digital check for transfer (as described above atstep 226), the enterprise application host platform 102 may communicatewith the distributed ledger host system 103 to record the transfer. Forexample, the enterprise application host platform 102 and/or distributedledger host system 103 may modify the distributed ledger to include athird block that includes a value of each digital check and thecorresponding recipient (e.g., $100 deposited second recipient account($0 remain on second digital check); $50, fourth recipient account, orthe like). In some instances, the enterprise application host platform102 and/or distributed ledger host system 103 may record allevents/transactions of the initial check (including the split to thesecond recipient and the third recipient) on a single branch of thedistributed ledger. In these instances, the enterprise application hostplatform 102 and/or distributed ledger host system 103 may record thesecond transfer to this single branch (e.g., as shown in distributedledger 805). In other instances, the enterprise application hostplatform 102 and/or distributed ledger host system 103 may generateseparate branches of the distributed ledger, each stemming back to thefirst block, when a check is split between multiple parties (e.g., adifferent branch corresponding to each of the second and third digitalchecks, as shown in distributed ledger 905). In these instances, theenterprise application host platform 102 and/or distributed ledger hostsystem 103 may record the second transfer (e.g., of the fourth digitalcheck) on a branch of the distributed ledger corresponding to the thirddigital check. In some instances, in the enterprise application hostplatform 102 and/or distributed ledger host system 103 may convert thefourth digital check to a QR code, and may store the QR code to thedistributed ledger. In some instances, in modifying the distributedledger, the enterprise application host platform 102 and/or distributedledger host system 103 may modify a blockchain, holochain, and/or otherdistributed ledger.

At step 228, the enterprise application host platform 102 may establisha connection with the fourth user device 107. For example, theenterprise application host platform 102 may establish a sixthconnection with the fourth user device 107 to link the enterpriseapplication host platform 102 to the fourth user device 107 (e.g., inpreparation for sending the fourth digital check). In some instances,the enterprise application host platform 102 may identify whether or nota connection is already established with the fourth user device 107. Ifa connection is already established with the fourth user device 107, theenterprise application host platform 102 might not re-establish theconnection. If a connection is not yet established with the fourth userdevice 107, the enterprise application host platform 102 may establishthe sixth connection as described herein.

At step 229, the enterprise application host platform 102 may send thefourth digital check to the fourth user device 107. For example, theenterprise application host platform 102 may send the fourth digitalcheck to the fourth user device 107 via the communication interface 113and while the sixth connection is established.

In some instances, in addition or as an alternative to sending thefourth digital check, the enterprise application host platform 102and/or the distributed ledger host system 103 may grant the fourthrecipient access to the distributed ledger, so as to access theinformation of the fourth digital check. In some instances, in grantingthe access to the distributed ledger, the enterprise application hostplatform 102 and/or the distributed ledger host system 103 may grantfull ledger access to the fourth recipient. In other instances, theenterprise application host platform 102 and/or the distributed ledgerhost system 103 may grant partial access to the fourth recipient, so asto permit them to view only a portion of the ledger that includesinformation specific to themselves (e.g., the fourth user might not beable to view the information of the transfer from the initial payor tothe first recipient or the information of the transfers from the firstrecipient to the second and/or third recipients).

At step 230, the fourth user device 107 may receive the fourth digitalcheck. For example, the fourth user device 107 may receive the fourthdigital check while the sixth connection is established.

At step 231, the fourth user device 107 may receive a second eventprocessing request and may send the second event processing request tothe enterprise application host platform 102. For example, the seconduser device 105 may receive a request to deposit the second portion ofthe funds, corresponding to the fourth digital check, into one or moreaccounts of the fourth recipient (e.g., a savings account, checkingaccount, investment account, and/or other account). For example, thesecond event processing request may specify a percentage or specificvalue of money that should be deposited into each account (e.g., split50/50 between checking and savings, or the like). In some instances, thefourth user device 107 may receive the second event processing requestthrough the enterprise application (e.g., mobile banking application).

After receiving the second event processing request, the fourth userdevice 107 may send the second event processing request to theenterprise application host platform 102. For example, the fourth userdevice 107 may send the second event processing request to theenterprise application host platform 102 while the sixth connection isestablished.

In some instances, in sending the second event processing request to theenterprise application host platform 102, the fourth user device 107 maysend an endorsed version of the fourth digital check. For example, thefourth user device 107 may prompt for an endorsement in the form of aretina scan, a fingerprint, a digital signature, facial authentication,biometric authentication, multi-factor authentication input, and/orotherwise, which may be used to validate the fourth recipient account asthe intended recipient of the second digital check. In some instances,the fourth user device 107 may compare a value of the fourth digitalcheck to the endorsement threshold, and may prompt the fourth recipientfor the endorsement based on determining that the value of the fourthdigital check meets or exceeds the endorsement threshold. Otherwise, thefourth user device 107 might not prompt the fourth recipient for theendorsement.

At step 232, the enterprise application host platform 102 may receivethe second event processing request, sent at step 215. For example, theenterprise application host platform 102 may receive the second eventprocessing request via the communication interface 113 and while thesixth connection is established.

Referring to FIG. 2G, at step 233, the enterprise application hostplatform 102 may validate the second event processing request. Forexample, the enterprise application host platform 102 may validate thedigital chip and/or watermark in the fourth digital check, which mayindicate that the initial payor (e.g., who issued the initial checkwhich was captured in the first check image at step 201), is inpossession of sufficient funds for the fourth digital check to beexecuted. For example, funds of the initial payor may be verified(rather than funds of the third recipient) because the third recipientmay have routed the second portion of the funds to the fourth recipientaccount without depositing them in an account of the third recipient.

Additionally or alternatively, the enterprise application host platform102 may validate the second event processing request using thedistributed ledger. For example, the enterprise application hostplatform 102 and/or distributed ledger host system 103 may examine thethird block of the distributed ledger, which may indicate a value ofavailable funds corresponding to the fourth digital check, and mayidentify whether these available funds are sufficient.

Additionally or alternatively, the enterprise application host platform102 and/or distributed ledger host system 103 may validate the fourthrecipient account (e.g., that the fourth recipient account is the validrecipient of the fourth digital check). For example, the enterpriseapplication host platform 102 and/or distributed ledger host system 103may validate the fourth recipient account based on the fourth digitalcheck and/or using the distributed ledger. For example, the enterpriseapplication host platform 102 may verify the retina scan, facialauthentication, fingerprint, digital signature, biometricauthentication, multi-factor authentication input, and/or otherendorsement information received from the fourth recipient, which may beused to validate the fourth recipient account as the intended recipientof the fourth digital check. Additionally or alternatively, theenterprise application host platform 102 may analyze stored datacorresponding to the fourth recipient to verify whether or not thefourth recipient is authorized to make the deposit. In some instances,the enterprise application host platform 102 may perform such validationbased on determining that a value of the fourth digital check meets orexceeds the endorsement threshold. Otherwise, if the enterpriseapplication host platform 102 determines that the value of the fourthdigital check does not meet or exceed the endorsement threshold, itmight not perform such validation (or may perform the validation to alesser degree).

If the enterprise application host platform 102 and/or distributedledger host system 103 does validate the second event processingrequest, the enterprise application host platform 102 may proceed tostep 234. If the enterprise application host platform 102 and/ordistributed ledger host system 103 does not validate the second eventprocessing request, the second event processing request may be denied(e.g., steps 234 to 237 might not be performed).

At step 234, the enterprise application host platform 102 may send oneor more event processing commands directing the event processing server108 to transfer the second portion of the funds from the account of theinitial payor to the one or more accounts of the fourth recipient. Insome instances, the enterprise application host platform 102 may sendthe one or more event processing commands to the event processing server108 via the communication interface 113 and while the fifth connectionis established.

In some instances, the enterprise application host platform 102 mayautomatically send the one or more event processing commands withoutreceiving an endorsement from the fourth recipient account (e.g., basedon determining that the value of the fourth digital check does notexceed the endorsement threshold). Additionally or alternatively, insome instances, the enterprise application host platform 102 mayautomatically send the one or more event processing commands based onthe second check transfer request from the third recipient user, whichmay indicate that the second portion of the funds should beautomatically deposited into the fourth recipient account (and thus anendorsement might not be received from the fourth recipient account).

At step 235, the event processing server 108 may receive the eventprocessing commands sent at step 234. For example, the event processingserver 108 may receive the event processing commands while the fifthconnection is established.

At step 236, based on or in response to the one or more event processingcommands received at step 235, the event processing server 108 mayprocess the second event. For example, the event processing server 108may execute a transfer of funds (e.g., the second portion of the funds)from an account of the initial payor to one or more accounts of thefourth recipient. For example, if the fourth digital check had a valueof fifty dollars, the event processing server 108 may cause a transferof fifty dollars into one or more accounts of the fourth recipient.Alternatively, if the second event processing request indicated that thefourth digital check should only be partially deposited (e.g., onlydeposit $25 of the $50), the event processing server 108 may cause atransfer of the corresponding amount of funds accordingly.

At step 237, the enterprise application host platform 102 maycommunicate with the distributed ledger host system 103 to record thesecond processed event. For example, the enterprise application hostplatform 102 and/or distributed ledger host system 103 may modify thedistributed ledger to include a new block that includes a value of eachdigital check and the corresponding recipient (e.g., $100 deposited insecond recipient account, $50 deposited in fourth recipient account;remaining check value: $0, or the like). In these instances, theenterprise application host platform 102 and/or distributed ledger hostsystem 103 may record the second processed event on a single branch ofthe distributed ledger (e.g., the same branch as the first processedevent). In other instances, the enterprise application host platform 102and/or distributed ledger host system 103 may record the second event ona branch of the distributed ledger corresponding to the third/fourthdigital checks, different than a branch of the distributed ledgercorresponding to the second digital check (e.g., a different branchcorresponding to each portion of the funds). In some instances, whethera transfer is made from two different parties, from two differentbranches of the distributed ledger, to a common recipient or entity, theenterprise application host platform 102 and/or distributed ledger hostsystem 103 may merge the branches of the distributed ledger. In someinstances, in modifying the distributed ledger, the enterpriseapplication host platform 102 and/or distributed ledger host system 103may modify a blockchain, holochain, and/or other distributed ledger.

Although the use of watermarks, digital chips, and distributed ledgersare described throughout the illustrative event sequence, these methodsmay be used independently (where the remaining methods may be optional)or in combination with each other without departing from the scope ofthe disclosure. Furthermore, although four user devices/recipients aredescribed, this is for illustrative purposes only, and any number ofuser devices/recipient may be involved in the above described methodswithout departing from the scope of the disclosure.

By using the methods described above, the convenience of splitting thefunds from a check for transfer to multiple parties may be greatlyincreased. In some instances, this may allow customers to avoidtraveling to a physical branch location to execute such transfers.Furthermore, by allowing digital endorsement, multiple parties to checksmay provide endorsement regardless of their locations (and even whetheror not they are in a common location). Additionally, by allowingtransfers in this way, check senders might not need to know accountdetails for a recipient (which may, e.g., be the case if a transfer offunds were otherwise to be performed). Furthermore, by involving the useof distributed ledgers in these methods, the security advantages of animmutable ledger may be achieved in the check transfer process. Inaddition, in some instances, a transferred check may be recalled orotherwise cancelled (by an individual sending or otherwise transferringthe check) prior to being deposited.

FIG. 7 depicts an illustrative method for enhanced digital checktransfers in accordance with one or more example embodiments. Referringto FIG. 7 , at step 705, a computing platform including one or moreprocessors, memory, and a communication interface may receive and storea check image. At step 710, the computing platform may receive a requestto transfer the check to a recipient. At step 715, the computingplatform may configure the check image for transfer to the recipient. Atstep 720, the computing platform may record the transfer to adistributed ledger. At step 725, the computing platform may identifywhether a request to transfer the check to another recipient isreceived. If another transfer request is received, the computingplatform may return to step 715. If another transfer request is notreceived, the computing platform may proceed to step 730.

At step 730, the computing platform may identify whether an eventprocessing request is received. If an event processing request is notreceived, the computing platform may return to step 725. If an eventprocessing request is received, the computing platform may proceed tostep 735. At step 735, the computing platform may send one or more eventprocessing commands directing an event processing server to depositfunds corresponding to the check. At step 740, the computing platformmay record the processed event to the distributed ledger.

FIG. 10 depicts an illustrative method for enhanced digital checktransfers in accordance with one or more example embodiments. Referringto FIG. 10 , at step 1005, a computing platform including one or moreprocessors, memory, and a communication interface may receive and storea check image. At step 1010, the computing platform may receive a checktransfer request. At step 1015, the computing platform may configure oneor more digital checks for transfer. At step 1020, the computingplatform may determine whether the check image is validated. If thecheck image is not validated, the method may end. If the check image isvalidated, the computing platform may proceed to step 1025. At step1025, the computing platform may embed a digital chip into the one ormore digital checks. At step 1030, the computing platform may send theone or more digital checks to their recipients. At step 1035, thecomputing platform may send one or more event processing commandsdirecting an event processing system to process the one or more digitalchecks.

FIG. 11 depicts an illustrative method for enhanced digital checktransfers in accordance with one or more example embodiments. Referringto FIG. 11 , at step 1105, a computing platform including one or moreprocessors, memory, and a communication interface may receive a checkimage. At step 1110, the computing platform may record the check imageto a distributed ledger. At step 1115, the computing platform mayreceive a check transfer request. At step 1120, the computing platformmay configure the check image for transfer. At step 1125, the computingplatform may record the transfer to the distributed ledger. At step1130, the computing platform may grant ledger access permissions torecipients of the check image. At step 1135, the computing platform maysend one or more event processing commands directing an event processingsystem to process the check image. At step 1140, the computing platformmay record the processed event to the distributed ledger.

One or more aspects of the disclosure may be embodied in computer-usabledata or computer-executable instructions, such as in one or more programmodules, executed by one or more computers or other devices to performthe operations described herein. Generally, program modules includeroutines, programs, objects, components, data structures, and the likethat perform particular tasks or implement particular abstract datatypes when executed by one or more processors in a computer or otherdata processing device. The computer-executable instructions may bestored as computer-readable instructions on a computer-readable mediumsuch as a hard disk, optical disk, removable storage media, solid-statememory, RAM, and the like. The functionality of the program modules maybe combined or distributed as desired in various embodiments. Inaddition, the functionality may be embodied in whole or in part infirmware or hardware equivalents, such as integrated circuits,application-specific integrated circuits (ASICs), field programmablegate arrays (FPGA), and the like. Particular data structures may be usedto more effectively implement one or more aspects of the disclosure, andsuch data structures are contemplated to be within the scope of computerexecutable instructions and computer-usable data described herein.

Various aspects described herein may be embodied as a method, anapparatus, or as one or more computer-readable media storingcomputer-executable instructions. Accordingly, those aspects may takethe form of an entirely hardware embodiment, an entirely softwareembodiment, an entirely firmware embodiment, or an embodiment combiningsoftware, hardware, and firmware aspects in any combination. Inaddition, various signals representing data or events as describedherein may be transferred between a source and a destination in the formof light or electromagnetic waves traveling through signal-conductingmedia such as metal wires, optical fibers, or wireless transmissionmedia (e.g., air or space). In general, the one or morecomputer-readable media may be and/or include one or more non-transitorycomputer-readable media.

As described herein, the various methods and acts may be operativeacross one or more computing servers and one or more networks. Thefunctionality may be distributed in any manner, or may be located in asingle computing device (e.g., a server, a client computer, and thelike). For example, in alternative embodiments, one or more of thecomputing platforms discussed above may be combined into a singlecomputing platform, and the various functions of each computing platformmay be performed by the single computing platform. In such arrangements,any and/or all of the above-discussed communications between computingplatforms may correspond to data being accessed, moved, modified,updated, and/or otherwise used by the single computing platform.Additionally or alternatively, one or more of the computing platformsdiscussed above may be implemented in one or more virtual machines thatare provided by one or more physical computing devices. In sucharrangements, the various functions of each computing platform may beperformed by the one or more virtual machines, and any and/or all of theabove-discussed communications between computing platforms maycorrespond to data being accessed, moved, modified, updated, and/orotherwise used by the one or more virtual machines.

Aspects of the disclosure have been described in terms of illustrativeembodiments thereof. Numerous other embodiments, modifications, andvariations within the scope and spirit of the appended claims will occurto persons of ordinary skill in the art from a review of thisdisclosure. For example, one or more of the steps depicted in theillustrative figures may be performed in other than the recited order,and one or more depicted steps may be optional in accordance withaspects of the disclosure.

What is claimed is:
 1. A computing platform for performing a blockchain,biometric, and digital chip based method for uploading a digital imageof a check and securely disbursing portions of the check to multipleparties, the computing platform comprising: at least one processor; acommunication interface communicatively coupled to the at least oneprocessor; a biometric retina scanner; and memory storingcomputer-readable instructions that, when executed by the at least oneprocessor, cause the computing platform to: receive a first digitalcheck image, the first digital check image including an initial payor, afirst recipient, and an amount of funds; store, in a distributed ledger,the initial payor, the first recipient, and the amount of funds, whereinstoring the initial payor, the first recipient, and the amount of fundsin the distributed ledger comprises: communicating with a distributedledger host platform to validate the first digital check image, andbased on validating the first digital check image, creating an initialblock in a new chain of the distributed ledger; receive, from a firstuser device associated with the first recipient, a request to transfer afirst portion of the funds, the first portion of the funds being aportion of the amount of the funds of the first digital check image, toan account of a second recipient and a second portion of the funds, thesecond portion of the funds being a portion of the amount of funds ofthe first digital check image, to an account of a third recipient,wherein the first recipient, the second recipient, and the thirdrecipient are unique individuals; generate a second digital check imagerepresentative of the first portion of the funds, wherein the seconddigital check image includes a watermark indicating a value of the firstportion of the funds, wherein generating the second digital check imageincludes redacting personal identifiable information (PII) from thefirst digital check image; generate a third digital check imagerepresentative of the second portion of the funds, wherein the thirddigital check image includes a watermark indicating a value of thesecond portion of the funds, wherein generating the third digital checkimage includes redacting PII from the second digital check image;validate the second digital check image and the third digital checkimage; based on successful validation of the second digital check imageand the third digital check image, embed, into the second digital checkimage and the third digital check image, a digital chip that indicatesthe successful validation and store information of the second digitalcheck image and the third digital check image to the distributed ledger;send, to the account of the second recipient and the account of thethird recipient, the second digital check image and the third digitalcheck image respectively; receive a request to deposit the seconddigital check image, wherein receiving the request to deposit the seconddigital check image includes receiving an endorsement of the seconddigital check image by the second recipient, and wherein the endorsementcomprises results of a retina scan by the biometric retina scanner; inresponse to receiving the request to deposit the second digital checkimage, send one or more commands to an event processing server directingthe event processing server to execute a transfer of the first portionof the funds from an account of the initial payor of the first digitalcheck image to the account of the second recipient, wherein sending theone or more commands to the event processing server directing the eventprocessing server to execute the transfer of the first portion of thefunds from the account of the initial payor of the first digital checkimage to the account of the second recipient causes the event processingserver to execute the transfer of the first portion of the funds fromthe account of the initial payor of the first digital check image to theaccount of the second recipient; and record, in the distributed ledger,the transfer of the first portion of the funds from the account of theinitial payor of the first digital check image to the account of thesecond recipient.
 2. The computing platform of claim 1, wherein thememory stores additional computer-readable instructions that, whenexecuted by the at least one processor, cause the computing platform to:receive a request to deposit the second digital check image, whereinsending the one or more commands to the event processing serverdirecting the event processing server to execute the transfer of thefirst portion of the funds from the account of the initial payor of thefirst digital check image to the account of the second recipient is inresponse to receiving the request to deposit the second digital checkimage.
 3. The computing platform of claim 2, wherein receiving therequest to deposit the second digital check image includes receiving anendorsement of the second digital check image by the second recipient.4. The computing platform of claim 3, wherein receiving the endorsementfurther comprises receiving one or more of: a fingerprint, a faceprint,a digital signature, or a multi-factor authentication input.
 5. Thecomputing platform of claim 3, wherein the memory stores additionalcomputer-readable instructions that, when executed by the at least oneprocessor, cause the computing platform to: compare a value of the firstportion of the funds to an endorsement threshold; and based onidentifying that the first portion of the funds exceeds the endorsementthreshold, prompt the second recipient for the endorsement.
 6. Thecomputing platform of claim 1, wherein the computing platformautomatically sends the one or more commands to the event processingserver directing the event processing server to execute the transfer ofthe first portion of the funds from the account of the initial payor ofthe first digital check image to the account of the second recipient. 7.The computing platform of claim 6, wherein automatically sending the oneor more commands to the event processing server directing the eventprocessing server to execute the transfer of the first portion of thefunds from the account of the initial payor of the first digital checkimage to the account of the second recipient comprises automaticallycausing a deposit of the first portion of the funds from the account ofthe initial payor of the first digital check image to the account of thesecond recipient without receiving an endorsement from the secondrecipient.
 8. The computing platform of claim 1, wherein sending the oneor more commands to the event processing server directing the eventprocessing server to execute the transfer of the first portion of thefunds from the account of the initial payor of the first digital checkimage to the account of the second recipient is based on verification ofthe embedded digital chip.
 9. The computing platform of claim 1, whereinreceiving the request to transfer the first portion of the funds to theaccount of the second recipient comprises receiving a user input, withinthe account of the first recipient, selecting the second recipient,wherein the second recipient is selected from a friends list within amobile banking application.
 10. The computing platform of claim 1,wherein the funds are not distributed to an account of the firstrecipient.
 11. The computing platform of claim 1, wherein the memorystores additional computer-readable instructions that, when executed bythe at least one processor, cause the computing platform to: receive,from the account of the third recipient, a request to transfer thesecond portion of the funds to an account of a fourth recipient;generate a fourth digital check image representative of the secondportion of the funds; and send, to the account of the fourth recipientand without disbursing the second portion of the funds to the account ofthe third recipient, the fourth digital check image.
 12. The computingplatform of claim 11, wherein the fourth digital check image does notinclude the PII of the initial payor of the first digital check image.13. The computing platform of claim 11, wherein the memory storesadditional computer-readable instructions that, when executed by the atleast one processor, cause the computing platform to: receive user inputfrom the fourth recipient indicating that the second portion of thefunds should be split between multiple accounts corresponding to thefourth recipient; and send one or more commands to the event processingserver directing the event processing server to execute a transfer ofthe second portion of the funds from the account of the initial payor ofthe first digital check image to the multiple accounts of the fourthrecipient, wherein the multiple accounts include a checking account anda savings account.
 14. The computing platform of claim 1, whereinvalidating the second digital check image and the third digital checkimage comprises validating, using the distributed ledger, the seconddigital check image and the third digital check image.
 15. The computingplatform of claim 1, wherein the first digital check image and thesecond digital check image do not indicate an initial value of the firstdigital check image.
 16. The computing platform of claim 1, wherein theinitial payor, the first recipient, and the amount of funds are storedwithin a quick response (QR) code within the distributed ledger.
 17. Thecomputing platform of claim 1, wherein sending the second digital checkimage and the third digital check image comprises: granting partialdistributed ledger access to each of the second recipient and the thirdrecipient, wherein the partial distributed ledger access enables thesecond recipient and the third recipient to access only informationcorresponding to their respective digital checks.
 18. A blockchain,biometric, and digital chip based method for uploading a digital imageof a check and securely disbursing portions of the check to multipleparties, the method comprising: at a computing platform comprising abiometric retina scanner, at least one processor, a communicationinterface, and memory: receiving a first digital check image, the firstdigital check image including an initial payor, a first recipient, andan amount of funds; storing, in a distributed ledger, the initial payor,the first recipient, and the amount of funds, wherein storing theinitial payor, the first recipient, and the amount of funds in thedistributed ledger comprises: communicating with a distributed ledgerhost platform to validate the first digital check image, and based onvalidating the first digital check image, creating an initial block in anew chain of the distributed ledger; receiving, from a first user deviceassociated with the first recipient, a request to transfer a firstportion of the funds, the first portion of the funds being a portion ofthe amount of the funds of the first digital check image, to an accountof a second recipient and a second portion of the funds, the secondportion of the funds being a portion of the amount of funds of the firstdigital check image, to an account of a third recipient, wherein thefirst recipient, the second recipient, and the third recipient eachcorrespond to unique individuals; generating a second digital checkimage representative of the first portion of the funds, wherein thesecond digital check image includes a watermark indicating a value ofthe first portion of the funds, wherein generating the second digitalcheck image includes redacting personal identifiable information (PII)from the first digital check image; generating a third digital checkimage representative of the second portion of the funds, wherein thethird digital check image includes a watermark indicating a value of thesecond portion of the funds, wherein generating the third digital checkimage includes redacting PII from the second digital check image;validating the second digital check image and the third digital checkimage; based on successful validation of the second digital check imageand the third digital check image, embedding, into the second digitalcheck image and the third digital check image, a digital chip thatindicates the successful validation and storing information of thesecond digital check image and the third digital check image to thedistributed ledger; sending, to the account of the second recipient andthe account of the third recipient, the second digital check image andthe third digital check image respectively; receiving a request todeposit the second digital check image, wherein receiving the request todeposit the second digital check image includes receiving an endorsementof the second digital check image by the second recipient, and whereinthe endorsement comprises results of a retina scan by the biometricretina scanner; in response to receiving the request to deposit thesecond digital check image, sending one or more commands to an eventprocessing server directing the event processing server to execute atransfer of the first portion of the funds from an account of theinitial payor of the first digital check image to the account of thesecond recipient, wherein sending the one or more commands to the eventprocessing server directing the event processing server to execute thetransfer of the first portion of the funds from the account of theinitial payor of the first digital check image to the account of thesecond recipient causes the event processing server to execute thetransfer of the first portion of the funds from the account of theinitial payor of the first digital check image to the account of thesecond recipient; and recording, in the distributed ledger, the transferof the first portion of the funds from the account of the initial payorof the first digital check image to the account of the second recipient.19. The method of claim 18, further comprising: receiving a request todeposit the second digital check image, wherein sending the one or morecommands to the event processing server directing the event processingserver to execute the transfer of the first portion of the funds fromthe account of the initial payor of the first digital check image to theaccount of the second recipient is in response to receiving the requestto deposit the second digital check image.
 20. One or morenon-transitory computer-readable media storing instructions that, whenexecuted by a computing platform for performing a blockchain, biometric,and digital chip based method for uploading a digital image of a checkand securely disbursing portions of the check to multiple parties, thecomputing platform comprising a biometric retina scanner, at least oneprocessor, a communication interface, and memory, cause the computingplatform to: receive a first digital check image, the first digitalcheck image including an initial payor, a first recipient, and an amountof funds; store, in a distributed ledger, the initial payor, the firstrecipient, and the amount of funds, wherein storing the initial payor,the first recipient, and the amount of funds in the distributed ledgercomprises: communicating with a distributed ledger host platform tovalidate the first digital check image, and based on validating thefirst digital check image, creating an initial block in a new chain ofthe distributed ledger; receive, from a first user device associatedwith the first recipient, a request to transfer a first portion of thefunds, the first portion of the funds being a portion of the amount ofthe funds of the first digital check image, to an account of a secondrecipient and a second portion of the funds, the second portion of thefunds being a portion of the amount of funds of the first digital checkimage, to an account of a third recipient, wherein the first recipient,the second recipient, and the third recipient are unique individuals;generate a second digital check image representative of the firstportion of the funds, wherein the second digital check image includes awatermark indicating a value of the first portion of the funds, whereingenerating the second digital check image includes redacting personalidentifiable information (PII) from the first digital check image;generate a third digital check image representative of the secondportion of the funds, wherein the third digital check image includes awatermark indicating a value of the second portion of the funds, whereingenerating the third digital check image includes redacting PII from thesecond digital check image; validate the second digital check image andthe third digital check image; based on successful validation of thesecond digital check image and the third digital check image, embed,into the second digital check image and the third digital check image, adigital chip that indicates the successful validation and storeinformation of the second digital check image and the third digitalcheck image to the distributed ledger; send, to the account of thesecond recipient and the account of the third recipient, the seconddigital check image and the third digital check image respectively;receive a request to deposit the second digital check image, whereinreceiving the request to deposit the second digital check image includesreceiving an endorsement of the second digital check image by the secondrecipient, and wherein the endorsement comprises results of a retinascan from the biometric retina scanner; in response to receiving therequest to deposit the second digital check image, send one or morecommands to an event processing server directing the event processingserver to execute a transfer of the first portion of the funds from anaccount of the initial payor of the first digital check image to theaccount of the second recipient, wherein sending the one or morecommands to the event processing server directing the event processingserver to execute the transfer of the first portion of the funds fromthe account of the initial payor of the first digital check image to theaccount of the second recipient causes the event processing server toexecute the transfer of the first portion of the funds from the accountof the initial payor of the first digital check image to the account ofthe second recipient; and recording, in the distributed ledger, thetransfer of the first portion of the funds from the account of theinitial payor of the first digital check image to the account of thesecond recipient.